We’re dipping into our large, low double-digit percent cash position to make these two buys into Friday’s broader stock market selloff.
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Another rough market puts two of our newest stocks on sale. So we’re buying more
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Gold and silver reach fresh highs for second day running — and could keep climbing
Gold and silver have rallied this year — and prices keep climbing. Gold futures for February delivery rose settled 0.8% higher at $4,505.7, after hitting a record of $4,530.80 per ounce. Spot gold was up 1.04% to $4,491.68 per ounce. Meanwhile silver futures for March advanced 4.59% and was last seen at $71.71 per ounce, while spot silver was last trading […]
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Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates
National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence […]
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The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says
Former Facebook Chief Privacy Officer Chris Kelly said Monday that the next phase of the artificial intelligence boom will focus on becoming more efficient. As major AI players race to churn out the infrastructure needed to support AI workloads, Kelly told CNBC’s “Squawk Box” that the industry will need to streamline these power-intensive buildouts. “We […]
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